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⌐◪-◪ → Fairshake is now the largest SuperPAC with $203M raised, surpassing the primary SuperPACs supporting Trump or Harris.

Their donors include crypto giants like Coinbase, Ripple, Marc Andreessen, the Winklevoss twins, Circle, and others.

Any politician taking an anti-crypto stance faces a massive war chest backing their opponents.

While Fairshake labels itself non-partisan, over two-thirds of its expenditures were used against Democrats.

Being anti-crypto is political suicide, attacking you from both voter segments and funding perspectives.

Crypto will likely become a true bi-partisan issue soon.

⌐◪-◪ → The U.S. government just transferred $2B BTC to two wallets, likely in preparation to sell.

This move spooked the market, sending Bitcoin back down to $66k due to anticipated sell-side pressure.

While already underway, the optics suggest retaliation or objection to Trump’s plans to make Bitcoin a strategic reserve asset.

Or as the CEO of Galaxy Digital Mike Novogratz said, “tone deaf anyone???”

Unfortunately, whether intentional or not, this headline further deepens the partisan divide.

Shoutout to the 15 Democrats actively working to make crypto a bi-partisan issue — it's an uphill battle, but I believe it’s inevitable.

⌐◪-◪ → The SEC just amended its complaint against Binance, withdrawing the request to classify $SOL and $ADA as securities.

I wonder if this is related to Trump’s promise to fire Gary Gensler on day one or just a coincidence.

Meanwhile, Solana is showing strength after flipping Ethereum, Uniswap, and Lido in 24-hour fees.

It seems likely Solana will be the 3rd spot crypto ETF on Wall Street, though it may take some time. For context, the Ethereum ETFs came 6 months after Bitcoin ETFs.

While I haven’t used Solana myself, it seems like it’s here to stay — as long as its history of reliability issues is in the past.